Is AVIC Securities a central enterprise or a state-owned enterprise?

Neither. According to official website information of the State Administration for Industry and Commerce, AVIC Securities is an institution established by individual capital in accordance with the law to engage in production and business activities, and it is not a state-owned enterprise. AVIC Securities Co., Ltd. is the only securities company owned by the central enterprises of China Army. It was incorporated in Jiangxi in June 2002 with a registered capital of 7.328 billion yuan. The actual controller is aviation industry corporation of china, and the controlling shareholder is AVIC Industrial Finance Holdings Limited.